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SUNSHINE INS (06963.HK) achieved original premium income of 128.275 billion yuan for the year 2024.
On January 17, Gelonghui reported that SUNSHINE INS (06963.HK) announced that from January to December 2024, the premium income from original insurance contracts of its subsidiaries, SUNSHINE Property Insurance Co., Ltd. and SUNSHINE Life Insurance Co., Ltd., were 47.821 billion yuan and 80.454 billion yuan respectively, totaling 128.275 billion yuan.
Express News | Sunshine Insurance Group Co Ltd - January-December Sunshine Property and Casualty Insurance Original Premium Income RMB47.82 Bln
CHINA TELECOM has once again "released" an Insurance license. After listing Sweet Orange Insurance last month, the 100% stake of Zhongtong SUNSHINE INS Brokerage has also been put on the shelf.
① 100% equity of Zhongtong Sunshine Insurance Brokerage is being listed for transfer by CHINACOMSERVICE Hunan Company, with a minimum transfer price of 137.23 million yuan; ② Tianyi E-Commerce Co., Ltd. is also listing for transfer 100% equity of Sweet Orange Insurance Agency; ③ CHINA TELECOM is continuously transferring insurance licenses while intensively "clearing out" equity in multiple Financial Institutions including Banks and micro-finance.
Announcement Highlights | In the first 11 months, SUNSHINE INS's original premium income exceeded 120 billion yuan; GCL TECH plans to allot up to 1.56 billion shares, net raising approximately 1.53 billion Hong Kong dollars.
In the first 11 months, SUNSHINE INS's original premium income exceeded 120 billion yuan; the major Shareholder of CHENGDU EXPWAY won a highway project worth over 10 billion yuan.
Hong Kong stock early report on December 19: The hawkish Federal Reserve caused U.S. stocks to fall. IDREAMSKY has reached a cooperation with the Game Platform under Saudi Telecom Company (STC).
① Shenzhen established an AI industry Fund. ② The Federal Reserve lowered interest rates by 25 basis points as expected, with only two rate cuts anticipated in 2025. ③ The Hong Kong Securities and Futures Commission granted licenses to virtual Asset Trade platforms under an expedited licensing process. ④ The USA Biodefense Act was not included in the CR bill.
From January to November, SUNSHINE INS (06963.HK) achieved a premium income of 120.918 billion yuan.
On December 18, Gelonghui reported that SUNSHINE INS (06963.HK) announced that from January to November 2024, the premium income of original insurance contracts from its subsidiaries SUNSHINE Property Insurance Co., Ltd. and SUNSHINE Life Insurance Co., Ltd. were RMB 43.82889 billion and RMB 77.08914 billion respectively, totaling RMB 120.918 billion.
